{"data":{"id":"us-nj/n.j.-stat.-54-4-23.24","jurisdiction":"us-nj","citation":"N.J. Stat. § 54:4-23.24","heading":"Residential property rezoned into commercial or industrial zone;  valuation and assessment","body":"All property which has been valued and assessed as residential property within a zone designated as residential and which has been so assessed for a period of 3 years or longer, and which upon the revision of a zoning ordinance becomes situate in a commercial or industrial zone, shall continue to be valued  and assessed as residential property so long as the owner thereof at the time  of the change in the zoning ordinance shall continue to occupy such property as  his principal place of residence.\nL.1977, c. 434, s. 1.","path":["TITLE 54 TAXATION"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"be782623e0984c78d8c109098eeda0d1458f73cb7157f5ae33076d2332108cc5","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-54-4-23.23","next":"us-nj/n.j.-stat.-54-4-24"},"notice":"GroundRules: Original legal text. Not legal advice."}